# Polymarket Cuts Staff and Contractors in Reorganization

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2 outlets covering · First listed: The Defiant, Nov 11, 2026, 1:11 PM · Read it: <https://thedefiant.io/news/people/polymarket-cuts-staff-and-contractors-in-reorganization>

Marketing was a focus of the cuts, Front Office Sports reported, as Polymarket trails Kalshi despite rising reported revenue.

## Who's covering it

In the order they published:

- Nov 11, 2026, 12:50 PM: [Polymarket Cuts Workforce After Stumbles Prompt Reorganization](<https://www.bloomberg.com/news/articles/2026-11-11/polymarket-cuts-workforce-after-stumbles-prompt-reorganization>) — Bloomberg (Business & finance, United States)
  Polymarket has laid off staff and severed ties with a number of contractors as part of a broader effort to recover from several stumbles that have left it lagging its main rival.
- Nov 11, 2026, 1:11 PM: [Polymarket Cuts Staff and Contractors in Reorganization](<https://thedefiant.io/news/people/polymarket-cuts-staff-and-contractors-in-reorganization>) — The Defiant (Specialist)
  Marketing was a focus of the cuts, Front Office Sports reported, as Polymarket trails Kalshi despite rising reported revenue.
